2-bed · 1,187 sqftPalladium Tower, Jumeirah Lake Towers (JLT) · 24th floor · completed 2007

2407, Palladium Tower

Sold prices and rental history: sold twice, last in May 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2407 · DLD and Ejari recordsUpdated 10 December 2024
Last soldAED 539K7 May 2013
Current rentAED 120K /yr10 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2407, Palladium Tower

What is 2407 worth today?

Last sold for AED 539,140 in 2013

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10 Dec 2024RentedNew contract
AED 120,000/yr12 months · AED 101 per sqft
14 Aug 2022RentedRenewal
AED 83,600/yr12 months · AED 71 per sqft
14 Aug 2021RentedNew contract
AED 76,000/yr12 months · AED 64 per sqft
1 Feb 2021RentedRenewal
AED 75,000/yr6 months · AED 63 per sqft
1 Feb 2020RentedRenewal
AED 82,000/yr12 months · AED 69 per sqft
1 Feb 2019RentedNew contract
AED 87,000/yr12 months · AED 73 per sqft
22 Jan 2018RentedNew contract
AED 118,000/yr12 months · AED 100 per sqft
7 May 2013SoldReady
AED 539,140AED 454 per sqft

Source: Dubai Land Department. Updated 10 December 2024.

Key facts

Type
2-bed apartment
Size
1,187 sqft
Floor
24th of 33
Parking
1
Developer
ETA Star Property Developers
Completed
2007
Service charge
AED 14,700 /yr
Last sold
AED 539K · May 2013

About 2407, Palladium Tower

2407 is a two-bedroom apartment of 1,187 sqft on the 24th floor of Palladium Tower, a 33-storey tower in Jumeirah Lake Towers (JLT) completed in 2007 by ETA Star Property Developers. It last sold on 7 May 2013 for AED 539,140, or AED 454 per sqft, 36% below the AED 710 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, signed on 10 December 2024, is AED 120,000 a year: a gross yield of 22.3% on the 2013 price, before the service charge of about AED 14,700 a year.

Sales and rents for 2407 over time

Sales
Unit 2407, each saleTypical two-bed in Palladium Tower
1M2009201420192024Typical sale price by year: 2009 AED 620,230; 2010 AED 823,373; 2011 AED 598,757; 2012 AED 744,735; 2013 AED 727,188; 2014 AED 953,575; 2015 AED 1,420,000; 2016 AED 894,982; 2017 AED 1,385,000; 2018 AED 1,200,000; 2019 AED 932,500; 2020 AED 890,000; 2021 AED 945,000; 2022 AED 1,180,000; 2023 AED 1,230,000; 2024 AED 1,575,000; 2025 AED 1,700,000; 2026 AED 1,715,000Sold by developer, May 2009: AED 539,140 (AED 454 per sqft)Sold, May 2013: AED 539,140 (AED 454 per sqft)

2407 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2407, each contractTypical two-bed in Palladium Tower
75K100K125K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 90,000; 2014 AED 105,292; 2015 AED 115,500; 2016 AED 114,660; 2017 AED 106,630; 2018 AED 90,000; 2019 AED 82,000; 2020 AED 70,000; 2021 AED 68,000; 2022 AED 77,000; 2023 AED 90,000; 2024 AED 104,500; 2025 AED 112,000; 2026 AED 110,000New contract, August 2012: AED 68,414 a yearNew contract, January 2018: AED 118,000 a yearNew contract, February 2019: AED 87,000 a yearRenewal, February 2020: AED 82,000 a yearRenewal, February 2021: AED 75,000 a yearNew contract, August 2021: AED 76,000 a yearRenewal, August 2022: AED 83,600 a yearNew contract, December 2024: AED 120,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Palladium Tower, and where 2407 sits

All 147 2-beds →

2407 last sold in May 2013 at AED 454 per sqft, 36% below what two-beds in Palladium Tower were fetching at the time (AED 710). Over the last 12 months two-beds sold for AED 1,331,272 to 1,975,000, around AED 1,492 per sqft, and rent for AED 25,000 to 130,000 a year. 2407's AED 120,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 May 20261,725,000
30 Mar 20261,710,000
17 Mar 20261,700,000
24 Feb 20261,700,000
10 2-bed sales in the last 12 months

Palladium Tower

Building

211 apartments, 1-bed to 3-bed over 33 floors in Jumeirah Lake Towers (JLT), completed in 2007 by ETA Star Property Developers. 13 sold in the last 12 months.

Typical price per sqft
AED 1,474 Up 4.2%
Typical sale
AED 1.72M
Typical rent
AED 113K /yr
Typical yield
6.3%
Palladium Tower, Jumeirah Lake Towers (JLT): prices, sales and rents →

Other units on the 24th floor

All 211 units in Palladium Tower
Value
24011-bedAED 451K · Mar 2013
24022-bedAED 1.2M · Apr 2023
24032-bedAED 524K · May 2013
24042-bedAED 524K · Apr 2013
24052-bedAED 1.42M · Jan 2024
24061-bedAED 1.16M · May 2026
24082-bedAED 524K · Oct 2013
1–7 of 9

2407, Palladium Tower in numbers

  • Sold twice: first on 6 May 2009 for AED 539,140, last on 7 May 2013 for AED 539,140 (AED 454 per sqft).
  • Rented since August 2012 on 8 Ejari contracts, from AED 68,414 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2013 price is 22.3%, before a service charge of about AED 14,700 a year (AED 12.39 per sqft).
  • Two-beds in Palladium Tower sold for AED 1,331,272–1,975,000 in the 12 months to November 2026; the building's median across all types is AED 1,474 per sqft.

Source: Dubai Land Department. Updated 10 December 2024.

Questions about 2407, Palladium Tower

What did unit 2407 last sell for?

AED 539,140 on 7 May 2013: AED 454 per sqft for 1,187 sqft. The unit has 2 registered sales; the first was AED 539,140 in May 2009.

What is the rent for unit 2407?

AED 120,000 a year on the contract signed on 10 December 2024. The previous contract, from August 2022, was AED 83,600; the unit has been rented since August 2012.

How big is unit 2407?

1,187 sqft (110.3 sqm): a two-bedroom apartment on the 24th floor of a 33-storey tower completed in 2007.

What is unit 2407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Palladium Tower sold for AED 1,331,272 to 1,975,000 in the last 12 months, around AED 1,492 per sqft.

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Mortgage on 2407, Palladium Tower

Starts from the last sale price (AED 539K, 7 May 2013). Switch to today's estimate once you have unlocked it.
Price
AED 539,140
Deposit, UAE resident (20%)
AED 107,828
Deposit, non-resident (40%)
AED 215,656
Monthly over 25 years at 3.7%
AED 2,206

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →